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Question 1

Which three statements are accurate when entering the GL Distribution account coding on an invoice with taxes?

Options :

A :

If the account is not set up as taxable and you enter a 1 in the Track Taxes field, the system automatically changes the value to 0.

B :

The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated.

C :

The system automatically updates the Track Taxes field to 1 if the account Is set up as taxable and at least one pay item on the invoice has taxes.

D :

If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.

E :

The Track Taxes field cannot be edited unless the Processing Option - Allow Tax Tracking Is flagged on

Answer: A,B,C

Question 2

Which set of tables does the One View Supplier Ledger Inquiry application (P042022) combine information from?

Options :

A : Accounts Payable Ledger (f0411), Supplier Master (F0401), and Address Book (F0101)

B :

Accounts Payable Ledger (f0411), Supplier Master (F0401), and Business Unit Master (F0006)

C :

Accounts Payable Ledger (F0411), Supplier Master (F0401), and Account Master (F0901)

D :

Accounts Payable Ledger (F0411), Supplier Master (F0401), and Accounts Payable - Matching Document (F0413)

Answer: C

Question 3

When you are entering an invoice with VAT tax, the system displays hard Error 1480: "Tax

Amount May Not Be Understated."

Which system setting should you review to prevent the error and allow entry of understated

tax amounts?

Options :

A :

Select the "Allow Understatement of Tax Amount" check box in the Tax Rules application (P0022) for the company on the invoice to allow entry of understated tax amounts within the defined tolerance limits.

B :

Set the "Allow Understatement of Tax Amount* processing option to 1 in the Invoice Entry Master Business Function (P03B0011) to allow entry of understated tax amounts within the defined tolerance limits.

C :

Select the "Allow Understatement of Tax Amount" check box in the Tax/Rate Area application (P4008).

D :

Activate the "Allow Understatement of Tax Amount' processing option for Standard Invoice Entry application (P03B11) to allow entry of understated tax amounts.

E :

Select the "Allow Understatement of Tax Amount" check box in the Company Number and Names application (P0010) for the company on the Invoice to allow entry of understated tax amounts within the defined tolerance limits.

Answer: D

Question 4

Your client wants to use the fastest method to enter high-volume, simple voucher entries. What Voucher Entry would you recommend to your client to use?

Options :

A : Standard Voucher Entry

B : Voucher Logging Entry

C : Speed Voucher Entry

D : Multi-Voucher, Multi-Supplier

E : Multi-Company, Single-Supplier

Answer: C

Question 5

Your client wants to set up batch approval and post security for the Accounts Payable system without preventing any users from reviewing batches. Which three items will help your client complete this task?

Options :

A :

Update the System Constants for the General Ledger and Accounts Payable systems to require Manager Approval of Input.

B :

Update the processing options for A/P versions of the General Ledger Post program (R09801).

C :

Update the System Constants for the Accounts Payable system to require Manager Approval of Input.

D :

Update the System Constants for General Ledger and Accounts Payable systems to the setting Batch Control Required.

E :

Update the Work with User Security/Role form (P00950) to include Batch Approval and Post for A/P users.

F : Update the Batch Approval/Post Security Constants for A/P Batch Security.

G :

From the Batch Approval/Post Security Constants form, set up Approved and Secured Users.

Answer: A,C,D

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